taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

110/Hockley

152-907/Frenship ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 703,090 N/A 703,090 703,090
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 109,710 N/A 109,710 109,710
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 705,920 N/A 705,920 705,920
D2. Real Prop Farm & Ranch 2,310 N/A 2,310 2,310
E. Real Prop NonQual Acres 259,711 N/A 259,711 259,711
F1. Commercial Real 10,700 N/A 10,700 10,700
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 2,508,050 N/A 2,508,050 2,508,050
J. Utilities 188,910 N/A 188,910 188,910
L1. Commercial Personal 19,650 N/A 19,650 19,650
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 98,000 N/A 98,000 98,000
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 4,606,051 4,606,051 4,606,051
Less Total Deductions 290,315   290,315 290,315
Total Taxable Value 4,315,736 4,315,736 4,315,736 T2

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302 (J) AND (K) require the Comptroller to certify alternative measures of school district wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and sinking fund (I&S) tax purposes. For districts that have not entered into value limitation agreements, T1 through T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
4,375,736 4,315,736 4,375,736 4,315,736 4,315,736 4,315,736


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
60,000 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
4,375,736 4,315,736 4,375,736 4,315,736 4,315,736 4,315,736

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified

152/Lubbock

152-907/Frenship ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 1,866,044,004 N/A 1,866,044,004 1,866,044,004
B. Multi-Family Residences 225,060,163 N/A 225,060,163 225,060,163
C1. Vacant Lots 98,883,027 N/A 98,883,027 98,883,027
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,189,593 N/A 13,189,593 13,189,593
D2. Real Prop Farm & Ranch 184,339 N/A 184,339 184,339
E. Real Prop NonQual Acres 58,367,130 N/A 58,367,130 58,367,130
F1. Commercial Real 584,168,808 N/A 584,168,808 584,168,808
F2. Industrial Real 5,688,457 N/A 5,688,457 5,688,457
G. Oil, Gas, Minerals 2,691,980 N/A 2,691,980 2,691,980
J. Utilities 36,118,514 N/A 36,118,514 36,118,514
L1. Commercial Personal 203,780,047 N/A 203,780,047 203,780,047
L2. Industrial Personal 34,161,203 N/A 34,161,203 34,161,203
M. Other Personal 10,887,200 N/A 10,887,200 10,887,200
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 20,232,545 N/A 20,232,545 20,232,545
S. Special Inventory 41,779,096 N/A 41,779,096 41,779,096
Subtotal 3,201,236,106 3,201,236,106 3,201,236,106
Less Total Deductions 214,041,516   214,041,516 214,041,516
Total Taxable Value 2,987,194,590 2,987,194,590 2,987,194,590 T2

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302 (J) AND (K) require the Comptroller to certify alternative measures of school district wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and sinking fund (I&S) tax purposes. For districts that have not entered into value limitation agreements, T1 through T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
3,073,547,801 2,987,194,590 3,073,547,801 2,987,194,590 2,992,076,929 2,992,076,929


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
86,353,211 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
3,073,547,801 2,987,194,590 3,073,547,801 2,987,194,590 2,992,076,929 2,992,076,929

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified

152-907/Frenship ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 1,866,747,094 N/A 1,866,747,094 1,866,747,094
B. Multi-Family Residences 225,060,163 N/A 225,060,163 225,060,163
C1. Vacant Lots 98,992,737 N/A 98,992,737 98,992,737
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,895,513 N/A 13,895,513 13,895,513
D2. Real Prop Farm & Ranch 186,649 N/A 186,649 186,649
E. Real Prop NonQual Acres 58,626,841 N/A 58,626,841 58,626,841
F1. Commercial Real 584,179,508 N/A 584,179,508 584,179,508
F2. Industrial Real 5,688,457 N/A 5,688,457 5,688,457
G. Oil, Gas, Minerals 5,200,030 N/A 5,200,030 5,200,030
J. Utilities 36,307,424 N/A 36,307,424 36,307,424
L1. Commercial Personal 203,799,697 N/A 203,799,697 203,799,697
L2. Industrial Personal 34,161,203 N/A 34,161,203 34,161,203
M. Other Personal 10,985,200 N/A 10,985,200 10,985,200
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 20,232,545 N/A 20,232,545 20,232,545
S. Special Inventory 41,779,096 N/A 41,779,096 41,779,096
Subtotal 3,205,842,157 3,205,842,157 3,205,842,157
Less Total Deductions 214,331,831   214,331,831 214,331,831
Total Taxable Value 2,991,510,326 2,991,510,326 2,991,510,326 T2

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values